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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Michael Scher
Senior Editor

Elizabeth K. Spahn Contributing Editor

Julie DiMauro Contributing Editor

Eric Carlson Contributing Editor

Michael Kuria Contributing Editor

Thomas Fox Contributing Editor

Philip Fitzgerald Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Brook Horowitz Contributing Editor

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FCPA Blog Daily News

Friday
Mar272015

OFAC fines PayPal $7.7 million for 486 sanctions violations

PayPal will pay $7.7 million to settle charges by the U.S. Treasury Department's Office of Foreign Assets Control that it violated trade sanctions against Iran, Sudan, and Cuba.

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Friday
Mar272015

Ukraine police make graft arrests on live TV (with video)

Ukrainian police interrupted a televised cabinet meeting Wednesday and marched two officials away in handcuffs for suspected graft.

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Thursday
Mar262015

China's number one export: Graft?

Chinese President Xi Jinping and his Sri Lankan counterpart Mahinda Rajapaksa witness the signing of the Colombo Port City Project in September 2014 (Image courtesy of CCC)Sri Lanka this month became the latest of at least five countries to shut down huge China-backed infrastructure and telecoms projects tainted by allegations of corruption.

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Thursday
Mar262015

Tom Fox: Disgorgement could become a remedy for FCPA strict liability

A trend emerged in the fall of 2014 of FCPA enforcement actions by the SEC but where the Department of Justice either declined to prosecute the company or settled via a non-prosecution agreement.

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Thursday
Mar262015

Schlumberger unit pays record $232 million penalties for Iran and Sudan sanctions violations

Image courtesy of SchlumbergerThe DOJ and Commerce Department said Wednesday a unit of Paris-based Schlumberger Ltd. has agreed to plead guilty and pay a $232.7 million penalty for conspiracy to violate trade sanctions with Iran and Sudan.

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Wednesday
Mar252015

More details on Brazil’s Clean Company Act regulations

As we mentioned in an earlier post on the FCPA Blog, on March 18 Brazilian President Dilma Rousseff issued a presidential decree regulating the Clean Company Act, as a part of a series of anti-corruption measures to counter the increasing number of protests against the federal government.

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Wednesday
Mar252015

Singapore and Lee Kuan Yew: Paying for Honesty

Singapore’s first Prime Minister, Lee Kuan Yew, passed away on Monday morning.

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Wednesday
Mar252015

Has Putin perverted Interpol?

Red Notices from Interpol's website (click to enlarge)Interpol -- the International Criminal Police Organization -- isn't a police force. It's an information clearing house that promotes international police cooperation.

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Tuesday
Mar242015

A milestone for the compliance profession

Roy Snell, Chief Executive Officer, SCCE/HCCAWe're always glad to hear from Roy Snell. He's the CEO of the Society of Corporate Compliance & Ethics and its sister organization, the Health Care Compliance Association. He told us Monday the SCCE/HCCA had just reached a combined 15,000 members.

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Tuesday
Mar242015

Former Bechtel exec jailed 42 months for taking Alstom bribes

A ex-Bechtel Corporation vice president was sentenced Monday to 42 months in prison for taking $5.2 million in kickbacks to rig bids for state-run power contracts in Egypt.

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